South Florida-based AAM operator, UrbanLink, has named Raymond C Sisson as President.
Sisson, a seasoned aircraft leasing executive who has successfully raised over $15 billion in aircraft acquisitions, will play a key role in fueling UrbanLink’s growth.
As President, Sisson will focus on raising capital to finance UrbanLink’s initial order for 20 Lilium Jets and spearhead the creation of an in-house aircraft leasing company to hold UrbanLink’s aircraft orders.
Ed Wegel, UrbanLink’s Founder and Chairman, said; “Ray is one of the most highly respected aircraft leasing CEOs, and we are delighted he will be leading our team to raise the necessary funding to grow our fleet to 100+ eVTOL aircraft over the next three years.
“Ray’s leadership, experience and strong relationships with both aircraft equity and debt providers worldwide make him the ideal choice to develop our own in-house aircraft lessor, which will finance our eVTOL aircraft and provide capabilities to other eVTOL airlines worldwide.”
A 35-year veteran of the airline and aircraft leasing sectors, Sisson has held several high-profile positions. Previously, he served as Senior Vice President at GE Commercial Aircraft Services (GECAS); Chief Commercial Officer of SR Technics, one of the world’s leading aircraft MROs; and CEO of AWAS, an aircraft lessor which he grew from $5 billion to $12.5 billion in aircraft assets and a fleet of over 300 aircraft. Additionally, he was Managing Director at Credit Suisse, where he established their aircraft leasing subsidiary.
Currently, Sisson is the CEO of Tailwinds Aviation, which has raised $500 million and is in the process of raising an additional $2 billion in equity for commercial aircraft acquisitions. Sisson holds a degree from Bucknell University, an MBA from the University of Chicago and a JD from Georgetown Law School.
“I am excited to join UrbanLink as President as we prepare for our first eVTOL deliveries in 18 months,” Sisson added. “To fuel UrbanLink’s growth, our goal is to raise over $1 billion, and I am confident we have the team in place to achieve this.”
